U.S. President-elect Donald Trump announced a $20 billion investment by Dubai-based Damac Properties into the United States. The investment, spearheaded by Damac chairman Hussain Sajwani, will focus on building data centers across the Midwest, Sunbelt, and other regions. Trump highlighted the importance of data centers for technological advancement and artificial intelligence.
The first phase of the project will be located in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana. Sajwani, who has a close relationship with Trump dating back to his first term, expressed his support for Trump's vision. Trump, in his characteristic style, continued speaking for another hour after Sajwani's brief address
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